Word: triggering
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Dates: during 1950-1959
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Like air show spectators wondering apprehensively when a plummeting sky diver will trigger his parachute, Wall Street's experts were still waiting for the stock market to level out. But last week was not the week. After starting off with a strong rally, the greatest bull market of all time weakened and fell in the last three days to end the week at 433.83 on the Dow-Jones industrial average, the lowest point in 2½ years. All told, 263 stocks, among them such blue chips as Du Pont, General Motors and Alcoa, reached new lows for the year...
...likelihood is slim, therefore, that Turkey would ever launch agressive action against either the Syrians--whose weak army could offer little resistance to the confident and trigger-happy Turkish juggernaut--or against the Russians, whose size and atomic strength unfortunately, for the Turks, preclude the thought of risking a grudge war. But on the other hand, the strength and toughness of the Turkish army now being manifested in the muscle-flexing along the Syrian border should be sufficient to deter reckless moves within Syria. Yet the hard reality of the situation in the Middle East today is that a miscalculation...
...During the Suez crisis the Russians had threatened to rocket-bomb London and Paris and to send Communist volunteers into the Middle East; the U.S. responded by warning the Kremlin that the U.S. would forcibly oppose the Communist volunteers, that any rocket attack against Western Europe would trigger instant U.S. air retaliation against the centers of Soviet power (TIME, Nov. 26 et seq.). Now the State Department fired off a tough statement warning the unpredictable Khrushchev, in effect, that the U.S. would not let its ally Turkey and the bigger principle of collective security go down ; it would fight...
...whether Syria's plain citizens realized it or not (the heavily censored press gave them little to go on), their country was the No. 1 topic in chancelleries and foreign offices around the world. Cabinets met to consider Syria; her neighbor Arab nations hurried into consultation. Some trigger-happy U.S. radio commentators, grappling by the hour with a confused and shifting political story, helped confuse it further by proclaiming that Syria was already Russia's newest satellite...
...during the remainder of 1957-and most areas of the economy, e.g., retail sales, new construction, are still booming-it could quickly start upward again. A Government tax cut. predicted for next year, would encourage business investment. And any loosening of the money market could stimulate more home construction, trigger postponed borrowing by business and state and local governments...